Same here I'm not complaining. Someone is fear dumping for cheap into 1c. Maybe they are using a calculator rather than looking at where we are heading in the coming weeks/months.
I'm not fully across the history, but today's announcement wasn't priced in my model, was this generally known to the market?
I'm interpreting this update as: BAU operational expenses are now close to breakeven against new income base and that would mean this is very de-risked (worthy of a re-rate) on this alone? Excluding value adding Capex of course.
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